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$375,000

Beds
2
Baths
1.0
sq ft
1,182

715 South 6th Street, Wilmington, NC 28401

715 South 6th Street

Wilmington, NC 28401

  • 105 days on market
    • Price drop $15,000↓
Come experience the southern charm that downtown Wilmington, NC has to offer in this beautiful 2 bed/1 bath 1920s bungalow. The sellers have had this house updated with the intentions of staying forever, but life changes caused them to move from the area. You get to benefit from their hard work! The new roof and fresh paint on the newly installed Hardie board siding are the obvious exterior changes that will give you peace of mind for many years. But the termite warranty, reverse osmosis water system in the kitchen, new ductwork, new attic/crawl space insulation, and 12 mil vapor barrier are unnoticed updates that separate this house from others. The white picket fence and covered front porch provide curb appeal that will excite you to come home. The updated kitchen and bathroom give a comfortable, modern feel to a home that is over 100 years old. Stepping through the back door and on to the back deck is where your jaw will drop. You will fall in love with the spectacular backyard...a truly unique space! Plenty of room for kids or pets, storage shed, and mature landscaping make this a very special space that you will be eager to share with friends and family. While the street is quiet, you are only a block away from the energetic Castle Street Arts District. Walk to get your morning coffee at Luna Cafe, brunch at Castle Street Kitchen or Jesters Cafe, or dinner at Rx or Olivero. End your day at Wilmington Wine! Hop in your car and you are minutes away from the riverfront, Cargo district, or South Front district. Convenient location close to the Cape Fear Memorial Bridge gives easy access to Brunswick County beaches. Perfect for investors or a forever home, come see this beauty in person!

Details

Property type

Single Family Residence

Est. home value

$301,615

Lot size

6,534 sq ft

Price per sq ft

$318

Year built

1920

Price History

10/15/2024
NorthCarolinaRegional

NorthCarolinaRegional #100458885

Price change
$375,000
-3.85%
09/19/2024
NorthCarolinaRegional

NorthCarolinaRegional #100458885

Price change
$390,000
-2.5%
08/02/2024
NorthCarolinaRegional

NorthCarolinaRegional #100458885

Listed
$400,000
+70.21%

Schools & Community

Elementary school: 

Snipes

Middle school: 

Williston

High school: 

Hoggard

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$135,307
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$209,693
Cash to seller
$135,307

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

April 2021

Original loan amount

$227,950

Est. remaining balance

$209,693

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Michelle Kalitz Mcdonald

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/14/2024 at 8:40 PM

Listing updated: 10/15/2024 at 10:12 AM

Listed by: Rushell P Bongiorno, Coldwell Banker Sea Coast Advantage-Midtown Phone #: (910) 799-5531

MLS: NorthCarolinaRegional #100458885

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